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Page8of8Madison has a population of approximately 27,459 and experiences a population change rate of 86.90%. The population density is 1,087.9 / sq mi .
The median household income for Madison is $119,662, with 9,273 households and an average household size of 2.91.
The median value of a home in Madison is $363,900 with an appreciation rate of 15.20%. 89.32% of housing in the state is owned while 5.75% is rented.
The cost of living in Madison is 111.2 %.
The unemployment rate in Madison is 1.80%, and recent job growth is at 1.98%. Future job growth is projected at 42.02%.
The sales tax rate in Madison is 7.00%, while the income tax rate is 5.00% .
School expenditures in Madison are $10,940, and the school ratio is 14:1.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 35 degrees. The average rainfall is approximately 54 inches per year, with 0.4 inches of snow per year.
